ADLER Real Estate AG: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution
ADLER Real Estate AG / Release of an announcement according to Article 111c of the AktG [the German Stock Corporation Act] Disclosure of material transactions with related party in accordance with section 111c German Stock Corporation Act (AktG) ADLER Real Estate Aktiengesellschaft, Berlin Today ADLER Real Estate Aktiengesellschaft (“Company“) signed an amendment agreement to the existing loan agreement pursuant to which the Company has granted a loan in an amount of up to EUR 265 million to Adler Group S.A. (“Adler Group”). The amendment agreement extends the maturity of the loan to April 30, 2023. Otherwise, the conditions of the loan remain unchanged. Adler Group holds 96.90% of the shares in the Company and therefore is a related party pursuant to Section 111a para. 1 AktG. The extension of the maturity was approved by the supervisory board of the Company in accordance with Section 111b para. 1 AktG. In consideration of the amendment agreement, the granting of the loan to Adler Group continues to withstand an arm’s length comparison. Berlin, 14 April 2023 ADLER Real Estate Aktiengesellschaft Management Board 14.04.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | ADLER Real Estate AG |
| Am Karlsbad 11 | |
| 10785 Berlin | |
| Germany | |
| Internet: | www.adler-ag.com |
| End of News | EQS News Service |